Private Equity
Playground Global LLC has raised $40 million for its newest fund, according to an SEC filing. The Palo Alto, California-based firm, founded by former Android chief Andy Rubin, invests in and incubates startups building software-based hardware.
1 min read · 12 January 2017
Northwestern Mutual has launched Northwestern Mutual Future Ventures, which will invest a total of $50 million in tech startups that "transform how consumers experience and achieve financial security." Each investment will range between $500,000 and $3 million.
2 min read · 12 January 2017
Canadian venture capital firm McRock Capital has reopened McRock iNFund LP, which raised $65 million in April 2015, to admit a new strategic investor. Caterpillar Ventures, the venture arm of Caterpillar Inc, committed undisclosed capital to the fund. Caterpillar's John Carpenter said the investment will help the U.S. industrial manufacturer keep abreast of new technologies and startups in the Internet of Things (IoT) space. Caterpillar joins two other strategic investors in the McRock fund, Cisco Systems and EDF, as well as other limited partners. McRock's recent deals include last November's $6 mln Series A financing of Decisive Farming Corp.
2 min read · 12 January 2017
3 min read · 12 January 2017
2 min read · 12 January 2017
4 min read · 11 January 2017
Eclipse Ventures has raised a second fund at $184 million, according to a filing with the SEC.
1 min read · 11 January 2017
Correlation Ventures said it has closed its second fund at $200 million, according to a press release.
1 min read · 11 January 2017
Calibrate Ventures is seeking to raise $100 million for its inaugural fund, according to an SEC filing. The Los Angeles-based early-stage venture firm focuses on connected platforms, enterprise SaaS and commerce companies.
1 min read · 11 January 2017
3 min read · 11 January 2017
